Focus OneSource offers a comprehensive multiple employer 401(k) retirement savings plan, a valuable benefit for employees and an essential recruiting and retention tool for employers. Focus OneSource provides access to a family of funds affiliated with the trusted firm, John Hancock.
The Focus OneSource plan has many options which allow a company to adopt a plan design of their choosing and identify the levels of contributions that best meet their individual needs. The Focus OneSource multiple employer plan offers affordable “Large Company” plan features that can help attract, retain and motivate quality employees by offering them the opportunity to save a tax-deferred income, or a Roth 401(k) option for their retirement.
The Focus OneSource multiple employer retirement plan service offerings include:
• Safe harbor plans, matching plans, and deferral only plans
• Annual IRS filing, including plan audits and 5500 reporting
• Complete compliance and administrative services performed by Qualified Plan Consultants
• Seamless integration with payroll and payroll tax administration services
• Broad array of investment options customizable to mix to match individual goals and risk tolerance
• Group and individual investment counselling performed by licensed and highly trained broker/advisors
• Best-in-class participant services, including secure 24-hr online access to accounts, investment planning tools, quarterly statements, toll-free assistance and much more